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20110726
20110726
Search Results 0 to 4 of about 5 (some duplicates have been removed)
be the most egregious example to date of widespread corruption in afghanistan. american taxpayer money, hundreds of millions of dollars, ending up in the hands of the taliban. a year-long u.s. military task force discovered that the money was siphoned from a $2 billion transportation contract to provide most of the supplies to american troops. a source with knowledge of the investigation has briefed cnn about how it all went down. we are joined now from the afghan capital, kabul. just tell us briefly, how did this happen? >> reporter: this is coming from an internal report, but basically what happened was trucking companies subcontracted out to local entities here, who then in turn subcontracted out to even more local providers. what happened was it turns out that some of those local, more local firms actually had some ties to nefarious elements, including the taliban. what we see here is a bulk of the transportation costs being filtered through some of these trucking companies and part of that money is actually ending up in the hands of the very individuals who are fighting nato force
in afghanistan and iraq and not really cutting the deficit. we're boring 40 cents on the dollar for every dollar that we spend in washington. and we cannot keep doing this. one thing i like to see is the repeal of obamacare. that alone would save us $2.5 trillion in the next 10 years. as far as the reid plan, i like to see him get it through the senate. i did not think that it would pass. host: couple we go to an independent in michigan, here is what the "new york times calls " says this morning. go ahead. caller: i called my representative yesterday and asked him to work with the president to compromise and make sure that the debt ceiling is raised over into 2013. this is destroying our economy. host: where do you see compromise? caller: th reid plan has cuts and take this off the table until 2013. i think that that makes sense. host: so you do not agree with republicans on this. caller: i do not. there is trillions of dollars being cut. let's take this and we don't want to make this something that the rest of the world is going to use against us. our dollar is worth nothing in the last 10 year
of that is what senator reid calls the winding down of the wars in iraq and afghanistan. that will save a trillion dollars. now republicans have called that a gimmick, a savings from wars that are winding down, even though, by the way, the same savings were counted in some republican budgets. reid's plan would not reform or cut medicare, medicaid, social security. also no changes to taxes. it would raise the debt ceiling by 2.4 trillion dollars. that would be enough to fund the government through next year's election. the boehner plan is considered more short term. it would raise the debt ceiling in two different steps. the first step would happen immediately raising the ceiling by a trillion dollars and spending cuts of 1.2 trillion over ten years. and get us to next year, right some we need a second vote to raise the debt ceiling again by another $1.6 trillion. that second increase would be contingent on more cuts. another $1.8 trillion in spending cuts and have to be agreed to by a bipartisan committee. >> so far, the debt stalemate has been a drag on the stock markets but not as bad as some of
Search Results 0 to 4 of about 5 (some duplicates have been removed)